A verbal battle has been going on between the Reserve Bank of India and the NDA government functionaries, where banking regulations especially lending...
Arun Jaitley Says Capital Infusion in PSBs Likely to Happen this Month
Last week, Prime Minister Narendra Modi launched a slew of measures, including loan sanction of up to Rs 1 crore in less than an hour and relaxation i...
Finance Ministry Seeks Inputs for Upcoming Budget Speech
The Finance Ministry has sought inputs from different central ministries for Arun Jaitley’s Budget Speech, which would be the last budget of the curre...
Finance Ministry To Develop New Export Incentive Scheme In Line with New WTO’s Compliance Requirements
Currently, exporters of goods avail incentives under the Merchandise Exports from India Scheme (MEIS). In this, the government provides duty benefits ...
Finance Ministry Called FIEO’s Claims on GST Refunds as ‘Exaggerated’
Finance Ministry expressed their difference of opinion from FIEO on the GST refunds issue. Finance Ministry said Rs 71,169 crore worth GST refunds ha...
Govt. is Going to Take More & Concrete Measures to Control CAD: Arun Jaitley
Speaking at the Hindustan Times Leadership Summit, Arun Jaitley said, "To bridge CAD and to bolster the flows, we are ready and have been gradually ta...
India Keeping Wait & Watch Approach with Respect of US Sanctions on Iran
India is fully prepared to deal with any fallout of the US sanctions on Iran and has made necessary provisions for every possible scenario, says a top...
New Simplified GST Returns Filing Form to be Available on Monday
The Finance Ministry will put the draft of new simplified GST return filing form on its website by Monday, Upendra Gupta, GST Commissioner has said.
Govt to Recapitalise Selected Public Sector Banks with Rs 10,000 Cr
According to the Finance Ministry sources here, these banks, which include the Punjab National Bank (PNB), Corporation Bank and the Central Bank of In...
GSTN Glitches Must be Discussed and Addressed
The Goods and Services Tax (GST), India’s biggest reform in indirect taxes still remains a work in progress even one full year after its implementatio...